• A Legacy Preserved

    05/18/2017 03:42 PM

    Will and Laura run Willow & Co., a well-oiled farming machine squeezing every drop of profit from a shrinking commodity barrel. Pennies and nickels are precious in an anemic market, and the duo adheres to a strict regimen of efficiency, diversification and adjustment. The overall machine is geared for present gain, but the parts are deeply rooted to the past. 

  • Family Meeting Fundamentals
    04/21/2017 12:21 PM

    The succession-planning process is complex and lengthy. To keep your eye on the ball and meet your goals, your family must meet regularly to foster good communication and trust. 

  • The Farm CPA: Why You Might Want to Use a Disclaimer
    04/21/2017 12:13 PM

    Disclaimers originate from the common law of gifts, which requires the donor to make the gift and the donee to receive it.

  • Strategy to Manage Transaction Risk
    04/21/2017 11:54 AM

    As you know, buying or selling a farm is a complex process that entails risk and reward for both parties. Exposure to tax is one of these risks, but it can be mitigated when the buyer and seller plan for and pursue the most advantageous structure for the sale. This is especially important when considering a corporate transaction. 

  • Peer Value
    03/14/2017 01:33 PM

    Whether producers and their peers are discussing landlord relationships, succession planning or human resource challenges, there are many ways they can benefit from exchanging ideas. As farmers face weak farm income and commodity price uncertainty this harvest, there has never been a better time to compare notes.

  • Foster Exceptional Teamwork
    03/14/2017 01:29 PM

    These tips can determine whether your farm flourishes or founders

  • Cultivate Your Next CEO
    03/14/2017 01:27 PM

    The people who lead your operation in the future must be able to learn, adapt and continuously improve.

  • Taking the Reins
    03/14/2017 01:23 PM

    Every day, 33-year-old Clare Schilling arrives at one of her family’s two hog production sites. She showers before heading into a barn and then walks through each state-of-the-art facility. She surveys the animals to ensure her breed-to-wean operation is running smoothly on the flat expanse of southwest Illinois just 40 minutes from St. Louis. 

  • Steps to Prepare to Pass Down Your Farm
    02/17/2017 03:18 PM

    As sad as it is when a parent dies, it’s even more tragic when succession plans either aren’t in order, or haven’t even been discussed. That happened recently to one Midwest farm family: An heir had been working on and managing the family farm for years, but after his dad died, his siblings wanted their share.